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(Megrisoft) Megrisoft complete technical analysis [charts+indicators] | Buy/Sell Megrisoft | (Megrisoft) share price targets

Complete technical analysis of Megrisoft (Megrisoft) by charts plus indicators, forecast predictions and share price targets for Megrisoft (Megrisoft)

Showing technical analysis as on 2024-06-19 View latest technical analysis

10 day averaged volume of Megrisoft is 203

Date Daily Closing Price Open High Low Volume
19 Wed Jun 2024 121.95 130.00 130.00 121.35 3.709 times
18 Tue Jun 2024 127.70 127.40 130.00 123.50 2.212 times
14 Fri Jun 2024 130.00 134.00 134.00 129.90 0.084 times
13 Thu Jun 2024 130.00 134.00 134.00 129.90 0.084 times
12 Wed Jun 2024 129.00 123.85 132.85 123.85 2.256 times
11 Tue Jun 2024 130.35 133.50 133.50 121.40 1.394 times
10 Mon Jun 2024 127.75 133.00 133.00 120.65 1.207 times
07 Fri Jun 2024 127.00 130.00 130.00 125.75 1.621 times
06 Thu Jun 2024 130.00 131.75 131.75 124.00 0.158 times
05 Wed Jun 2024 125.50 135.00 135.00 125.45 0.764 times

Stock of Megrisoft (Megrisoft) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 123.2, for a target of 125.9 or 128.17

Share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Target 73.70
Downside Target 84.70
Downside Target 96.35
Downside Target 113.00
Downside Target 116.00
Downside Target 120.65
Upside Target 130.00
Upside Target 134.00
Upside Target 135.00
Upside Target 135.10
Upside Target 135.95
Upside Target 141.45
Upside Target 177.95

Intraday share price targets for Megrisoft (Megrisoft)

Target Type Value
Downside Intraday Target 118.87
Downside Intraday Target 115.78
Upside Intraday Target 127.52
Upside Intraday Target 133.08
Upside Intraday Target 124.43

Weekly technical analysis of Megrisoft (Megrisoft)

Date Weekly Closing Price Open High Low Volume
19 Wed Jun 2024 121.95 127.40 130.00 121.35 1.178 times
14 Fri Jun 2024 130.00 133.00 134.00 120.65 1.089 times
07 Fri Jun 2024 127.00 123.30 135.00 123.30 0.198 times
31 Fri May 2024 129.75 135.10 135.10 122.80 1.675 times
24 Fri May 2024 128.70 125.95 135.95 120.85 0.832 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Megrisoft (Megrisoft)

Date Monthly Closing Price Open High Low Volume
19 Wed Jun 2024 121.95 123.30 135.00 120.65 0.16 times
31 Fri May 2024 129.75 141.45 141.45 116.00 0.183 times
30 Tue Apr 2024 141.45 104.90 177.95 96.35 7.677 times
28 Thu Mar 2024 101.90 101.90 113.00 73.70 0.125 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Megrisoft (Megrisoft)

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Megrisoft stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Megrisoft in short term but the sell signal is initial and weak.

Megrisoft Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Megrisoft in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Megrisoft is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 126.46 and Megrisoft (Megrisoft) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Megrisoft (Megrisoft) stock. Volume based technical analysis of Megrisoft (Megrisoft) stock is negative.

Megrisoft Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Megrisoft ( (Megrisoft) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Megrisoft ( (Megrisoft) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Megrisoft stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Megrisoft in short term but the sell signal is initial and weak.

Megrisoft Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Megrisoft in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Megrisoft is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 126.46 and Megrisoft (Megrisoft) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Megrisoft (Megrisoft) stock. Volume based technical analysis of Megrisoft (Megrisoft) stock is negative.

Megrisoft Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Megrisoft charts

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Daily charts

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